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Interactive Exercise
Problem Statement
Your organization, Perfect Plastics, Inc., wants to install a more rational wage structure. Due to the high demand for workers in Chemical Engineering, it is having a difficult time holding onto employees.
As a compensation analyst, you would like to present your Director with a wage structure that accounts for:
- industry
- location
- organization size (in revenue)
- salary planning date
- employee experience
- employee performance
To do this, you turn to ERI's Salary Assessor. Select Load Step-by-Step to follow along with this analysis.
Looking to Benchmark Pay?
See our salary, cost-of-living, and executive compensation data in action.